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Debt (Tables)
3 Months Ended
May 31, 2021
Debt Disclosure [Abstract]  
Schedule Of Debt Debt
(In thousands)As of May 31As of February 28
Debt Description (1)
Maturity Date20212021
Revolving credit facility (2)
June 2024$ $— 
Term loan (2)
June 2024300,000 300,000 
3.86% Senior notesApril 2023100,000 100,000 
4.17% Senior notesApril 2026200,000 200,000 
4.27% Senior notesApril 2028200,000 200,000 
Financing obligationsVarious dates through February 2059531,583 533,578 
Non-recourse notes payableVarious dates through March 202814,361,497 13,764,808 
Total debt15,693,080 15,098,386 
Less: current portion(506,879)(452,579)
Less: unamortized debt issuance costs(25,206)(25,888)
Long-term debt, net$15,160,995 $14,619,919 

 (1)    Interest is payable monthly, with the exception of our senior notes, which are payable semi-annually.
 (2)    Borrowings accrue interest at variable rates based on the Eurodollar rate (LIBOR), the federal funds rate, or the prime rate, depending on the type of borrowing.
Schedule of Funding Vehicles [Table Text Block]
(In billions)Capacity
Warehouse facilities:
August 2021 expiration$1.40 
September 2021 expiration0.18 
February 2022 expiration2.35 
Combined warehouse facility limit$3.93 
Unused capacity$1.07 
Non-recourse notes payable outstanding:
Warehouse facilities$2.86 
Asset-backed term funding transactions11.50 
Non-recourse notes payable$14.36